Unsurprisingly, he and his family were doxed by angry traders.

  • LibreHans@lemmy.world
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    6 days ago

    Dollars represent faith in the power of the US government to extract taxes from its population

    Lol, the debt will never be repaid with taxes.

      • LibreHans@lemmy.world
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        6 days ago

        You live in fantasy land if you think the US has that power, any government that tries this would be overthrown.

        • yeahiknow3@lemmings.world
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          6 days ago

          The thing is… the market disagrees with you. For now. But hey, put your money where your mouth is! I’ll give you a hundred rubles for a hundred dollars. If you really think the US government is impotent and on the verge of collapse…

          • LibreHans@lemmy.world
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            6 days ago

            Haha, which market disagrees? The bond market, the gold market, the bitcoin market, the housing market?

            • yeahiknow3@lemmings.world
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              6 days ago

              Since we are discussing dollars and not houses, that would be the FOREX market. The dollar is very strong at the moment.

              • LibreHans@lemmy.world
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                6 days ago

                So you don’t even know how the bond market and the dollar are related, and you attack my personality when I show your argument is wrong, which you don’t understand because you don’t understand the bond market.

                • yeahiknow3@lemmings.world
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                  2 days ago

                  FOREX is explicitly the market that compares the strength of competing currencies.

                  I’m aware of how the bond market works. What is your problem with the bond market?